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LAPD will get 100 BMW i3 electric cars

BMW of North America said Wednesday that it will supply the Los Angeles Police Department (LAPD) with 100 BMW i3 electric vehicles. Still, anyone hoping to see those oddly shaped vehicles in hot pursuit along Southern California's streets will have to wait. That's because the cars will be used to transport officers from one place to another, and for community outreach. They won't be used for chasing the bad guys. BMW beat out some other electric vehicles (BMW didn't mention who) in a field trial. The i3 gained points for its combination of drivetrain efficiency, connectability (for fleet management), and reliability. It also helped that the Bimmer has a short wheelbase and tight turning radius, making it easier to navigate the perpetually traffic-filled streets of Los Angeles. The i3 has a base price of $42,400, so the cars aren't exactly cheap. Still, 100 Level 2 chargers and four DC fast chargers will be supplied to the LAPD by Greenlots, and refueling costs will be low. The LAPD had been testing a couple of Tesla Model S electric sedans during the past year, though those were slated for high-pursuit use. Still, while BMW's nod doesn't necessarily mean Tesla is out, the LAPD has indicated that concerns over a possible power outage and resulting lack of ability to recharge the Teslas were probably going to stop the force from using the EVs. Los Angeles Mayor Eric Garcetti said last year that the city would eventually lease 160 electric vehicles which would be split among various city departments. Take a look at BMW's press release below. Related Video: BMW of North America Wins Bid to Supply the Los Angeles Police Department with 100 BMW i3 Electric Vehicles Los Angeles, CA – June 8, 2016... BMW of North America today announced that it has won its bid to supply the Los Angeles Police Department with 100 fully-electric BMW i3 vehicles for use in the department's transportation fleet. This announcement comes after a field trial during which a BMW i3 was evaluated alongside other EVs on the streets of Los Angeles as part of the LAPD's every day fleet. Ultimately, the BMW i3 was selected due to a combination of EPA rated best-in-class efficiency, reliability and state-of-the-art ConnectedDrive services, which can be used to support fleet management applications.

BMW Z8, Lambo LM002 sell for $192,500 apiece in Detroit [w/poll]

Think a car are a bad investment? That all depends on what kind of car you're talking about. Because while most cars depreciate in value as soon as you drive them off the lot, others can do even better than hold their value. The cars that appreciate tend to be pretty high-end exotics, but they don't have to be multi-million-dollar classics to command a premium at auction. Just look at the results from RM Sotheby's Motor City sale in Detroit this past weekend. The auction house moved a solid $7.4 million worth of metal, which is pretty impressive when you consider that – unlike events at Lake Como or Pebble Beach – not one of the lots dipped into seven figures. 1930s-era American classics performed the strongest, with Duesenbergs, Packards, Auburns and the like all fetching hundreds of thousands. But what intrigued us most were the European exotics that rounded the top ten results. Amidst the Depression-era American steel were a BMW Z8 from 2001 and a 1988 Lamborghini LM002, each of which sold for an equal $192,500. Hardly the highest figures paid for European exotics this year, but considering how much they were worth just a few years ago, they've proven solid investments. BMW only made 5,703 examples of the Henrik Fisker-designed retro Z8, of which only 2,543 were brought to the United States, where they originally sold for $128,000. The most anyone had ever paid for one at auction, according to Sports Car Market, was $184,082, just this past March at Silverstone. That makes the price achieved this weekend a new record for one of the slinkiest vehicles the Bavarian automaker has ever made, representing an impressive 50-percent increase in value over the course of fourteen years. This particular example – chassis WBAEJ13481AH60437 for those keeping track – is decked out in silver over black, with less than 15,500 miles on the odometer. This Rambo Lambo was produced early in the 301-unit production run, with the sought-after carbureted engine and 32,000 miles on the clock. It didn't set any records at the same price, other examples of the LM002 having traded over the past few years for over $200k. But considering that Sant'Agata originally charged around $120-130k for the SUV when it was new, its selling price still represents about 50-percent appreciation (leaving inflation aside).

Old vs. new debate gets new life with $25,000 Fiesta ST vs. E46 M3 showdown

You know who you are. There's probably a few of you reading; the ones that say, "Why would I spend $27,000 on a new Mazda MX-5 when I could get a used Chevrolet Corvette with more power." Yes, we're talking to you, used car proponents. While it is a fair argument, it's not like used cars don't come with drawbacks of their own, though.
In an attempt to put this new-versus-used argument to bed once and for all, Matt Farah of the The Smoking Tire has picked up a pair of $25,000 cars - a used, but lightly modified, 2003 BMW M3 and a 2013 Ford Fiesta ST. Naturally, there's a comparison.
Farah, as he's wont to do, does get into the nitty gritty of what each car is like to drive, and discusses the merits of used and new-car shopping. But as he rightly points out while testing the M3, "So, it is a good car. But like any used car, it really does depend on the individual car."